New Hampshire Code of Administrative Rules
Ret - Board of Trustees of the N.H. Retirement System
Chapter Ret 400 - CODE OF ETHICS FOR THE RETIREMENT SYSTEM
Part Ret 401 - CODE OF ETHICS
Section Ret 401.01 - Purpose of the Code of Ethics
Current through Register No. 40, October 3, 2024
(a) The purpose of these rules is to ensure the proper administration, effective operation, and fiduciary prudent investment of assets of the New Hampshire retirement system (NHRS) and to promote public confidence in the NHRS's institutional integrity as a prudently managed and fiduciarily governed trust, operated for the sole and exclusive purpose of providing benefits to the NHRS's members and beneficiaries.
(b) The purpose of these rules is also to recognize that every trustee, member of the investment committee, staff employee, and outside service provider of the NHRS occupies a special position of trust and confidence so as to avoid at all times any conflict of interest or fiduciary breach of trust against the NHRS, its members and beneficiaries.
#7478, eff 4-10-01; ss by #9415, INTERIM, eff 4-5-09, EXPIRED: 10-2-09
New. #9595, eff 11-11-09